NEW YORK (AP) — The economic picture hasn't looked very rosy: Hiring has been sluggish. Consumers have been dealing with soaring meat prices. Layoffs are rippling through companies. But despite those concerns, shoppers hit the stores in full strength on Black Friday, with some even sipping ...
A deadly crash has forced UPS Airlines to ground a fleet of planes for inspections and possible repairs that could last through the peak delivery season, the company said Wednesday in an internal memo. The airline grounded its McDonnell Douglas MD-11 fleet indefinitely as it works to meet Federal Aviation Administration guidelines, said the memo from UPS Airlines president Bill Moore to employees. The process was originally estimated to take weeks but is now expected to take several months. A fiery MD-11 plane crash on Nov. 4 in Louisville, Kentucky, killed 14 people and injured at ...
11-28 stocks
WASHINGTON (AP) — U.S. consumers were much less confident in the economy in November in the aftermath of the government shutdown, weak hiring and stubborn inflation. The Conference Board said Tuesday that its consumer confidence index dropped to 88.7 in November from an upwardly revised ...
11-25 stocks
NEW YORK (AP) — More swings hit Wall Street on Friday, except the U.S. stock market finished higher this time. After bobbing up and down through the morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The Dow Jones Industrial Average climbed 493 points, ...
